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TheBeefSite Newsletter - 23 December 2015

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TheBeefSite
Wednesday 23rd December 2015.
Alice Mitchell - TheBeefSite Editor

Alice Mitchell
Editor


MSD Animal Health

US Repeals Controversial Country-of-Origin Labelling Rules

This week, the US side-stepped huge retaliatory tariffs from Canada and Mexico on its meat exports by including language in the recent year-end Omnibus spending bill that repeals the country-of-origin labelling (COOL) requirements for beef and pork products.

The COOL requirements have caused a long dispute between the US and the other countries, which claim the labels disadvantage their exported products.

Earlier this year, the World Trade Organisation (WTO) ruled that COOL requirements were against international trade agreements, and allowed Canada and Mexico to set retaliatory tariffs worth over a billion dollars, which would have come into force after one further approval step from the WTO.

But at the last moment, Congress voted to repeal the rules.

US Agriculture Secretary Tom Vilsack said: "Effective immediately, USDA is not enforcing the COOL requirements for muscle cut and ground beef and pork." – Click here to read the reaction from beef and pork organisations.

In market news, cattle futures have seen some strength so far this week, CME analysts Steve Meyer and Len Steiner report.

“This is curious in the face of cutout values that decreased both Monday and Tuesday, and given the holiday week there has been extremely scarce live animal trade so far this week,” they said.

“However, coming off of an estimated kill level last week of 590,000, steer dressed weights that were down 10 pounds week-over-week, and a bullish Cattle on Feed report this past Friday, the market will continue to take the good news.” - Read more here.

A report this week from Rabobank suggests that tight global beef supply will support prices in 2016, as demand is expected to remain firm even though supply pressure is easing.

China and the US will be the main import markets to watch in 2016 - in particular the strength of demand, given high prices.

Australia, Brazil, India and the US will be the main exporters to watch, Rabobank says - in particular the supply of cattle and beef, in response to rebuilding pressures at different points in the cycle - click here to read more.

We would like to wish all our readers a Merry Christmas and a Happy New Year. The beef newsletter will return on Wednesday 6 January, 2016.


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This Week's Articles and Analysis

How DNA Parentage Testing in Cattle is Done
We’ve all seen the pictures of DNA that looks like a spiral staircase, but in fact DNA is made up of units called base pairs and there are four different base pairs represented by the letters A, T, G and C. Cattle have 2.8 billion base pairs and humans have 3 billion, writes Angela Lovell.

Market Reports

AHDB Cattle and Sheep Weekly - 18 December 2015

Global Beef Industry News

   Global

El Niño Lowers Early Production Outlook in Southern Africa
Global Trade Ministers Move to End Agriculture Export Subsidies
Latest Bluetongue Reports: More Outbreaks in France, Hungary
Vaccination Push in South Africa as FMD Outbreak Reported
Tight Supply Will Support Global 2016 Beef Prices, Rabobank Says

   United Kingdom

How Can Farmers Live With Volatility?
Farmers Reminded of Changes to Welsh TB Testing Regime for Common Land
Ear Tag Testing Could Help Eradicate BVD
Union Calls for Better Retailer Support for Scottish Farming
FAI Farms: Practicing Sustainable Farming for 10+ Years
Badger Controls to Expand in Bovine TB Eradication Efforts

   United States

CME: Cattle Futures Showing Positive Movement
CME: Low Cattle Feeding Returns Affecting Feedlot Placements
US Repeals Controversial Country-of-Origin Labelling Rules
CME: November Cattle on Feed Estimates Lower Than 2014
The End of High North American Cattle Prices?

   European Union

Food Safety Concern as Infections Still Rising in EU
Income Per EU Agricultural Worker Down by 4.3 Per Cent

   Australia

Australian Wagyu Beef Labelling Investigation Dropped
Farmers Urged to Check Animals in Extreme South Australian Heat

   South Africa

South African Producers Urged to Report Livestock Theft

Events/Promotions

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The Drost Project - A Visual Guide to Porcine, Pig Reproduction.
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Partners

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